| Lectures (Walker book sections) | Crash Course Economics *OPTIONAL* |
Landsburg |
Hazlitt | Videos & Other Materials |
Misc. Readings |
| A. Overview of economic analysis (skip pp. 2-5) |
#1 | Intro; Ch. 1-3 (skip section on GE, pp. 29-31) |
Ch. 1-3 | Rotfeld, Libraries, learning, and dirty sandals Williams, Economic lunacy |
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| Appendix A. Economics and the "big picture" | #3 | #5 | Heyne, Why does Johnny so rarely learn any economics Higgs, Hate corporations and love governments... Stapleton, You're afraid of power, not Trump |
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| B. Specialization and trade | #2 | Ch. 5 | Ch. 7, 8 | John Oliver, Trade practice problems, Ricardian trade model |
Landsburg, An outsourcing fable Landsburg, The new racists Sullum, Trump says, "If we didn't have trade..." |
| QUIZ 1 Date: Thurs., Jan. 30 Coverage: lectures A, Appendix A, B Weight: 40 pts. |
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| Preface to C, D, & E. Notation key | |||||
| C. Marginal cost and supply | |||||
| Appendix C. Cost curves & supply | #24 | Company profit survey | |||
| D. Marginal benefit and demand | #18 (0:00-8:30) | ||||
| E. Markets and price determination | #4 | ||||
| Exam 1 Date: Tues., Feb. 25 Coverage: lectures A-E Weight: 100 pts. |
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| F. Markets and economic efficiency | #19 | Ch. 4, 8 | Ch. 14, 15, 22 | Stossel, Sweden is NOT socialist Stossel, Venezuela IS socialism (optional) John Oliver, Venezuela |
Williams, Socialist promises Williams, Caring vs. uncaring |
| G. Government price controls [read all for "online" class on Mar. 12] practice problems |
#20 | Ch. 16-19 | Stossel, Rent controls Stossel, On Trump's trade policies |
Williams, Basic economics Stossel, In praise of price gouging |
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| H. Elasticity | #18 (8:30-11:00) | Ch. 10 | Stossel, Legal weed so far | Williams, Drugs, economics & liberty MSNBC: Global war on drugs has failed Williams, Marijuana, mental illness, and crime |
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| I. Excise taxes and deadweight losses | Ch. 7 | ||||
| J. International trade policy | #15 | Ch. 21 | Ch. 10-12 | (optional) International Trade Commission tariff search | Chapman, Trump tariffs are not about... Bastiat, A petition Krugman, In praise of cheap labor |
| Exam 2 Date: TBA Coverage: lectures F-J Weight: 100 pts. |
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| K. Market failures | #21 | Ch. 9, 14 | Stossel, Thanksgiving Stossel, Enough crony capitalism! |
The Economist, State and Market Stossel, The busybodies are at it again |
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| L. The U.S. tax system & alternatives | Stossel, Tax myths | Williams, Plunder, an American way of life | |||
| M. Political economy / other topics | Ch, 6, 12, 15-17 | Ch. 25 | Stossel, Damnable pork Reese, 545 people responsible for US woes |
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| Quiz 2 Date: Tuesday, April 21 Coverage: lectures K-M Weight: 60 pts. |
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| Final Exam Date: Saturday, April 25, 9:15-10:45 Coverage: comprehensive - covers all lecture material (left-most column); does NOT cover Landsburg, Hazlitt, "videos & other materials" or "misc. readings" Weight: 100 pts. |
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